The UK’s first ever consumer-owned wind farm is set to be built in Coedely, south Wales, after owner Ripple Energy announced it has received £1.1m in Welsh government funding in support of the project. The funding will enable the wind farm to be completed in autumn 2021, Ripple said. A further £1.8m loan has been agreed in principle from the Development Bank of Wales, the firm added, which can be drawn down in the summer if certain conditions are met. Ripple’s own customers have contributed just over £1.3m to the project, with returns anticipated via savings to their household electricity bill. Graig Fatha wind farm will be owned by an initial 675 households who have already signed up to the platform, with all members receiving green electricity directly from their share of the wind farm later this year.
Business Green 23rd March 2021 read more »
Environment Journal 22nd March 2021 read more »